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V0854-25 ·20 May 2025 ·consulta-vinculante Low impact
Tax

The application of IPSI to the installation of submarine cables in the territorial sea of Ceuta depends on the location and the nature of the operation

An Italian company inquires about the fiscal treatment of constructing a submarine cable to Ceuta. The DGT determines that the operation constitutes a delivery of immovable property subject to IPSI in the territorial sea of Ceuta.

In 6 key points

How it affects those involved

The operation is classified as a delivery of immovable property subject to IPSI in Ceuta's territorial sea, affecting tax obligations for such construction projects.

Lifecycle

2025-05-20PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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